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Textiles (136)

Ethiopia attracting investments

Ethiopia is attracting foreign investors. And what’s attracting them is the prevalence of peace, smooth business transaction, a conducive custom and tax system. In addition development of infrastructure such as roads railway and energy is playing a crucial role in encouraging investment flow. Among the investors are, Chinese, Indian and Turkish industries taking the lion's share. Investments from these nations are gaining momentum.

For more than a couple of decades, Ethiopia has been registering high economic growth. As the second most populous country in Africa, Ethiopia provides investors the necessary facilities like labor, land and infrastructure. Industrial parks have been built with customs and banking services, electricity, energy and water services and sewage systems. The availability of air transport, cheap labor and tax holidays provided to investors have made the country attractive for foreign investment.

As a result, job opportunities are being created for hundreds of thousands of people. As a developing country, Ethiopia exports agricultural products and imports capital goods for its industrialization process. The nation needs foreign currency to meet its development ambitions and for that mobilising hard currency from various sources is being done.

"From March 12 to 17 Moscow saw the Fall/Winter 2017-2018 season of Mercedes-Benz Fashion Week Russia. As part of the major Fashion Week in Eastern Europe more than 50 designers from Russia, Italy, Georgia, Kazakhstan and other countries presented their collections on the runways of the Manege Central Exhibition Hall. The season also featured several debuts of young designers, among them were awardees of the Russian Fashion Council's grants."

 

 

34th Season of Mercedes Benz Fashion Week Russia

 

From March 12 to 17 Moscow saw the Fall/Winter 2017-2018 season of Mercedes-Benz Fashion Week Russia. As part of the major Fashion Week in Eastern Europe more than 50 designers from Russia, Italy, Georgia, Kazakhstan and other countries presented their collections on the runways of the Manege Central Exhibition Hall. The season also featured several debuts of young designers, among them were awardees of the Russian Fashion Council's grants.

This season MBFWRussia has brought together a number of representatives of international media outlets, such as Vogue USA, Vogue UK, The Huffington Post, Forbes USA, The Issue Magazine, Fashionista, Fucking Young, Dazed, Observer, BuzzFeed and many others.

The main business event of Mercedes-Benz Fashion Week Russia deserves special attention. The two-day Fashion Futurum International Conference was held with the support from the Russian Fashion Council, Moscow's Department of Culture, Ministry of Industry and Trade of Russian Federation, Agency for Strategic Initiatives and Skolkovo Foundation. The program of the event included panel discussions, public talks, workshops and presentations of startup projects in several zones of the Manege Central Exhibition Hall. More than 30 global fashion industry experts from 9 countries gathered in Moscow's downtown to discuss modern trends and the current challenges the industry is facing. The main topic of the conference was the destruction of fashion industry stereotypes, its transformation under the influence of the scientific and technological revolution.

34th Season of Mercedes Benz Fashion Week Russia Finished In Moscow

 

Karim Rashid (Designer, USA), Pascal Morand (Executive President, French Federation of the Haute Couture and Pret-a-porter, France), Carlos Espinosa de Los Monteros (High Government Commissioner for the Spain Brand, Spain), Michael Burke (Head of Industry, Fashion, Sports & Toys, Google, USA), Scott Emmons (Head of the Innovation Lab, Neiman Marcus, USA), Danilo Venturi (Dean, Polimoda, Italy), Covadonga O’Shea (Founder, ISEM Fashion Business School, author of the bestselling Zara Phenomenon, Spain) and many other experts participated as speakers and mentors of the conference.

For the first time Fashion Futurum featured a fashion industry and retail Innovation Show. The Russian Fashion Council and Skolkovo Foundation choose 30 projects for the central display of the Manege Central Exhibition Hall. Among the most interesting startups are Style Counsel, ShareCloth.con, Cloudburst, 3D Footwear Brutally, Posh, SC-TEK, Bundlesapp, Cardberry, Try. Fit, Preloved.

"Despite the fact that fashion technologies in Russia are only at the development stage there are no industrial standards in this area, so Russian companies have an opportunity get their share of this market," Alexander Shumsky, President of Mercedes-Benz Fashion Week Russia and Russian Fashion Council, said.

On March 17, 2017 a closed runway show by Firdaws was staged separately, at the Petroff Palace. Rippling floor-length dresses decorated with beads and embroidery, slim fit tops and soft pastel palette were characteristic of the Firdaws runway show. Refined silhouettes and silk kerchiefs decorated with lacework highlighted the chastity and kingliness of the images presented. Many Russian and international guests attended the show, among them were Alla Verber (Mercury), Vyacheslav Zaitsev (Designer), Anastasia Stotskaya (Singer), Sati Kazanova (Singer), Irina Tchaikovskaya (society columnist), Yulia Baranovskaya (TV host), Anna Khilkevich (Actress), Maria Lisowska (Fashion TV), Giulia Pirovano (Instituto Marangoni), Princess Beatrice D’Orleans (President of the Spanish Luxury Association, Ambassador of Dior), Pascal Morand (Executive President, French Federation of the Haute Couture and Pret-a-porter), Sylvie Ebel (L’Institut Francais de la Mode), Ahmed Abdulrahman Al Saati (Bahrain's Ambassador to Russia) and Jae Suk Kim (Illustrator).

Some 60,000 guests, more than 30,000 photos on Instagram with #MBFWRussia, live streaming of all fashion shows on dozens of websites and social networks pages, sketches by fashion illustrators, with each season we only improve our performance.

Major photo agency, Getty Images is the international partner of Mercedes-Benz Fashion Week Russia. Photos and videos from the Fashion Week will be available for download to 60,000 media outlets across the globe.

Ethylene prices declined sharply in the first week of March in Northeast Asia as demand dropped for downstream styrene monomer while other derivatives like poly ethylene weakened significantly. The European ethylene market was bullish as the material remained tight amid firm demand.

Paraxylene prices declined in Asian markets amid weakness in both up and downstream sectors. In the US, paraxylene spot was down as mixed xylene slipped. European paraxylene contract price for March was fully settled at a roll over while spot declined on the week.

Mono ethylene glycol prices dived in Asian markets on urgent sales with sellers lowering offers to avoid incurring port costs. In China, port inventories continued to swell while the supply in the domestic market was abundant this week. European MEG prices also fell as demand softened and March contract price settling at a rollover, thus ending the huge price increases. US MEG prices retreated from their 21-month, pushing the assessment of its highest level since July 2, 2015.

Polyester staple fiber prices moved down further in China with raw material costs dropping continuously while they remained stable in India and Pakistan. Polyester filament yarn prices declined in China while they rose in Pakistan. In India, partially oriented yarn offers were generally held stable amid thin spot trades as downstream buyers purchased on a need basis to maintain production.

Cotton situation eases in India

The cotton market in India seems to be stable. Domestic demand and prices are firm. Cotton prices vs yarn prices have settled. Volatility is more or less absent. Spinners, ginners and farmers are realising reasonable prices since February. Spinning mills suffered over the last two years and many closed doors due to cotton price volatility and weak yarn prices. This trend seems to have reversed.

In India, 65 per cent of the season’s cotton crop has arrived and if the price stability is maintained it will be a win-win for the cotton and textile sectors. However, if cotton prices skyrocket, spinners would face difficulties. The view from the spinning mills is that yarn prices are stable and there is demand for yarns and made-up goods such as bedspreads in export markets. This increases cotton demand and helps push up the price of cotton.

Indications are that cotton price this March is going to be steep when the peak arrival season ends in India. Overall, the agriculture market is expected to be bullish in the coming months. Pakistan, Bangladesh, China and Vietnam are key buyers of Indian cotton. Textile mills in southern India have contracted cotton for shipments in March and April.

Outlook Plus Latin America was held in Brazil fro, March 7 to 9, 2017. This event covers the nonwoven personal care industry. There were presentations on market, product, and technology intelligence for hygiene and personal care. Market leaders in the nonwoven and film markets for these products shared their vision of the future. Regional demographic and consumer trends of relevance to the industry were highlighted. A session was dedicated to the use of nonwovens in healthcare and infection prevention applications and future opportunities.

More than 270 participants joined the conference and more than 25 companies took the opportunity to promote their products and services through tabletop exhibits. Nonwoven fabrics are broadly defined as sheet or web structures bonded together by entangling fiber or filaments (and by perforating films) mechanically, thermally, or chemically. They are flat, porous sheets that are made directly from separate fibers or from molten plastic or plastic film. They are not made by weaving or knitting and do not require converting the fibers to yarn.

Nonwoven fabrics provide specific functions such as absorbency, liquid repellency, resilience, stretch, softness, strength, flame retardancy, washability, cushioning, filtering, bacterial barriers and sterility. These properties are often combined to create fabrics suited for specific jobs. They can mimic the appearance, texture and strength of a woven fabric, and can be as bulky as the thickest paddings.

 

Use of synthetic fibers on the rise globally

Synthetic fibers have a 62 per cent share of the world fiber market. Synthetic fibers are used in sectors like fashion and apparel, healthcare, aerospace, packaging, electronics and automotives. Rapid industrialization, low production cost, changing consumer preferences for textiles, and increasing disposable income are projected to drive the global synthetic fiber market over the next few years.

Weak supply of natural fibers such as cotton and wool is another factor driving the global synthetic fiber market. Synthetic fibers refer to textile fabrics that are manmade, such as nylon, acrylic, polyester and carbon fiber. Apart from their superior characteristics of adaptability, durability, elasticity, and strength, synthetic fibers are cost effective to make and easier to maintain as compared to other natural fibers such as cotton and wool.

China is the biggest manufacturer of synthetic fibers in the world. India is the second largest. India surpassed Taiwan and the United States as a fiber powerhouse in the mid-2000s, thanks to its huge polyester fiber capacity increase. The demand for synthetic fibers is still high in North America, especially in the US, making it the leading market for synthetic textile fibers produced in Latin America and Europe.

Functional changes are being incorporated in synthetic fibers with little or no hazardous impact on the environment.

"The second day of Mercedes-Benz Fashion Week Russia was opened with the show of KOMOD. Alain Nega presented her collection “Living In a Dream” giving the sense of tranquility and winging. Asymmetric floor-length dresses, exposed shoulders and low-cut necklines, basques and zephyrian translucent textures – this line of images is accomplished in somber colors: classic black, medium grey, powdery color with attractive silver accents."

 

 

MERCEDES BENZ FASHION WEEK RUSSIA

 

The second day of Mercedes-Benz Fashion Week Russia was opened with the show of KOMOD. Alain Nega presented her collection “Living In a Dream” giving the sense of tranquility and winging. Asymmetric floor-length dresses, exposed shoulders and low-cut necklines, basques and zephyrian translucent textures – this line of images is accomplished in somber colors: classic black, medium grey, powdery color with attractive silver accents. The evening gowns from "Flying Butterfly Collection" by Anastasia Mishina were all covered with butterflies, a well-known symbol of rebirth, reincarnation and freedom. All dresses were made of pieces of fabric that smoothly transformed into peculiar trendy images.

SECOND DAY OF

 

Femininity, elegancy and pageantry – this is all about the collection by BLUE JASMINE. The dresses both in shape and color reminded of morning rosebuds. The tenderness of the gowns was emphasized by translucent sleeves and veiling cascade skirts that advantaged in contrast with asymmetric jackets and heavy flower-embroidered dress trains. Boys were offered checked slacks with single color shirts and hats.

The women’s collection BGN styled by Alexandr Rogov is non-pretentious casual in restrained colors, without eye-catching or loud accessories. The collection included both formal images and cocktail and promenade gowns. Girls choosing BGN parlays individuality and comfort.

Fall/Winter 2017/18 by IVANOVA “The Lady / The Hooligan” embodies the ambiguity of the modern woman’s nature. The designer gallantly experiments with shapes and textures, and plays with various fabrics – moreen, tweed, knitted jersey and silk are used to create elegant shapes retaining the illusion of softness and lightness. The designer uses neutral shades of gray with some pink and jade.

The brand of wedding dresses Speranza Couture by NADEZDA YUSUPOVA presented transparent zephyrian dresses embroidered with crystals and laced flakes. This time the designer turned to tales of the East. She chose the shades of precious stones to color her collection up – amethysts, topazes, sapphires, morganites and diamonds. All the lines are traced with so much love to a woman’s body and the charming effect it provides on her chosen one. Low-cut necklines beautifully emphasize back and decolette zones, and trumpet skirts accent thighs and slim wastes. The ensemble is completed with luxurous embroidered trains. Novel and up-to-date images carry on the subject of eternal charm of love that inspires Nadezda.

SECOND DAY OF THE NEW SEASON OF MERCEDES BENZ FASHION WEEK RUSSIA

 

Ksenia Knyazeva was inspired by female omnitude. The hero of her collection, Jeanne d’Arc, embodied fragility and belligerency, transparency and enigma. This combination was presented in minimalistic slim-fit dresses, sweatshirts and wrapper coats finished with feathers and decorated with embroidered roosters. Formal long vests and culotte’s ensembles were attenuated with scandalous shirts, sword-knots, lacing and fishnet tights, adding some Gothics into the image. The Medieval theme was supported by aquarelle floral elements reminding of tinted glass.

Julia Dalakian presented her magical collection hypnotizing with its modest shimmering radiance. Deep copper and radiant metallic were complemented with paillettes and insolent inclusions like chains or fur bracelets emphasizing the model’s fragile vulnerability. There were also asymmetry, translucent and velvet fabrics and provocative bold cuts.

Consistent elegance expressed with simplicity and accuracy was the feature of the show by ISABEL GARCIA. This collection was a true berry cocktail. It started with embroidered rowanberries on formal suits and was followed by cranberry romantic A-line chiffon dresses. The final accord were clingy blackberry milk dresses and streamy skirts with cascade flounces.

All the collection by Bella Potemkina was made of Kanecaron modacrylic fibers that are used to make high quality eco-fur. The colors were bright and various – fuchsia and purple accompanied classic black and white, and the brand hero was bold, brave and ready to experiment. All images demonstrated deliberate negligence, easiness, sexuality and gloss. Cut-offs, bodysuits, over-knee boots, enameled leather, paillettes and double-breasted dresses – no superstitions, only bold visualization.

During Kazakhstan Fashion Week four brands presented their collections. The show started with evening gowns by AELITA. Besides relevant powdery, classic black and white colors there was languid raspberry. Multilayer flounces, trumpet and veiling skirts were a tribute to tendencies, whereas the brand surprised the audience with the variety of sleeve models and stunning corsets.

Minimalism, comfort and color coding are three pillars supporting the philosophy of DiSiitova. Pastel and sandy shades contrasted black and dark blue denim. Regular and pinafore dresses, overcoats and waist bags added new colorful layers and made complicated ensembles of simple elements. To go out in the evening the designer offered paillette dresses with slashed sleeves.

The collection by LIBАS Atelier celebrated youth and feminine charm. Fine organza dresses were covered with multiple flounces and drapes transforming into flowers and bouquets. The color palette repeated the ambience: brightness of fresh greens, transparency of brooks, first twilight shades.

ZHEREBTSOV presented bright street-style images, both brutal and dramatic. Metal was the main motive – clutch bags had chain handles, large studs decorated coat sleeves, shorts and knee-high socks. Metal elements contrasted red checked fabric and tie-dye denim. The designer used the classic epatage approaches like enlarged shoulders, guys dressed in fur coats and yellow shirts, zebrine trouser stripes.

In the presentation corner F.GENE, the St. Petersburg brand, demonstrated its hand-made eco-leather bags for tablets and notebooks. Light backpacks, shoulder bags and clutch bags were decorated with animalistic and geometric prints. In the brand’s Web-site the designer offers to make a personalized bag online – you can choose the length of handles, the color, the shape and the decorations.

For the quarter ended December 31, 2016, turnover for Nitin Spinners has gone up 30.34 per cent compared to the corresponding quarter of the previous year. Turnover for the nine months ended December 31, 2016, has increased by 12.43 per cent compared to the corresponding period in the previous year.

Nitin Spinners makes cotton yarn in single, multifold slub, compact, core spun and Elitwist yarns. The products are suitable for applications such as high value apparels and garments, undergarments, terry towels, denims, woven and medical fabrics, carpets, mattresses, stockings, furnishing fabrics and industrial fabrics.

The company caters to textile companies like Arvind, Raymonds, Alok, Bhaskar, Nandan, RSWM etc. About 65 per cent of the production goes to more than 50 countries across the globe including the US, Latin America, Middle East, Far East, European Union, Africa etc. The production capacity is 50,000 tons a year of cotton yarn and 8500 tons a year of knitted fabrics.

The company will be able to produce superfine compact premium yarns in the new facilities. During 2015-16, Nitin clocked a turnover of Rs 767 crores, out of which exports totaled Rs 531 crores. Operating profit before interest, depreciation and tax was Rs 137.76 crores and PAT was Rs 44.16 crores.

 

Heimtextil has started preparations for next trade fair to be held from January 9 to 12, 2018. Trend researchers from Denmark, Germany, France, the United Kingdom, Japan, the Netherlands and US discussed current trends in interior design, architecture, fashion and art.

Given that participants come from different continents, the team at Heimtextil draws from a comprehensive pool of inspiration. Designers analyse developments in materials and textures, colors and patterns from all corners of the world and determine the stylistic design themes. At the end of the process, a mutual, globally applicable trend prognosis for the coming 18 months will be agreed upon and presented.

A team from Denmark will be involved in the development of Heimtextil trends for the first time. SPOTT aims at the individual development of brands and combines trend research with neuroscience and commercial expertise. A team from the Netherlands focuses on textile innovations, predictions, color trends and strategic design concepts. WGSN from the US is one of the leading international trend studios for color and design. Via a global network of design consultants and color specialists, the company creates trend statements, quantifiable forecasts, outlooks and product data as well as reliable color trends.

British design studio Franklin Till comprises trend researchers, designers and stylists as well as a broad-ranging international network of creatives and visionaries.

 

Cotton auctions begin in China

China has begun cotton auctions. And the country’s textile mills hope to pick up lower-priced fiber. China will offer 30,000 tons of cotton a day for sale until the end of August. The country is seeking to whittle down its large stockpile. Most companies have low stocks, as they expect cotton prices would drop with the coming state reserves auction. They are also confident that the quality of auctioned cotton would be quite good.

Last year, auctions were delayed from May to March, and the poor quality of the fiber in the first few sales, tightened supplies, leading to panic buying by mills and spurring a surge of almost 70 per cent in prices in just under nine months.

Traders are confident that the government will be able to meet its daily auction target this time, and prices will drop, at least in the short term. Still, hurt by price volatility last year, the industry is more guarded against potential risks. If prices were to go up, it would restrain demand and obstruct the goal of reducing stocks. The international market is closely watching China’s sales as it holds more than half of the world’s stocks in reserves and an increase in domestic supplies would further dent imports.

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